Description

PRICE REDUCTION!!CB Richard Ellis has been retained as the exclusive advisor for the sale of 100 South Morgan Street, Chicago, Illinois ("the Property"). This offering provides the opportunity to purchase a one story-plus mezzanine office/warehouse facility containing approximately 22,207 square feet of net rentable area of which approximately 12,487 square feet is attractive office space and approximately 9,720 square feet is warehouse space. The improvements, which include a 21-space outdoor parking lot, are situated on a 26,037-square foot parcel. The property is currently owner-occupied and can be delivered vacant. The owner would also consider leasing back a portion of the space from a buyer. The warehouse portion of the facility is currently used for indoor parking with space for 23 cars. The site's favorable DX-5, Downtown Mixed-Use District zoning allows for a 5.0 maximum floor area ratio (FAR) making the property an excellent redevelopment opportunity.

100 South Morgan Street enjoys a prime location in Chicago's West Loop neighborhood. Located adjacent to the Central Business District (The Loop) to the west, the neighborhood is one of Chicago's most attractive and fastest growing neighborhoods. The West Loop has a superb amenity offering including a thriving restaurant district, a variety of retailers, service businesses and specialty shops, a gallery district and a well established residential and student base. The property has excellent access to the area's major transportation links, including the expressway system and bus and rail service.

The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO